✨ Market Orders and Limit Orders ✨
The concept of "market orders and limit orders" in trading
Let's imagine you're in the vegetable market:
Market Order: This is like saying to a seller, “I want a kilo of tomatoes at whatever price is available right now.” No matter what the price of tomatoes is at that moment, you will get the kilo immediately. In trading, this means buying or selling a financial asset at its current market price, regardless of whether it is high or low.